Disposed

Laxmikant Vishnudasji Karwa v. State Bank of India

DRT18 Oct 2023SA/234/2022

Case brief

AI extract

What is this about?

Debts Recovery Tribunal decreed the sale of the applicant's home to secure loan recovery. The applicant's representative confirmed full settlement and account closure. The DRT held the application severable and partially allowed the sale, dismissing the sale of other properties while ordering disposal of the securities application for the closed account.

What did the court decide?

Securitisation Application No.234/2022 partially allowed with liberty to return balance amount subject to return of sale proceeds; other properties sale dismissed; Interest awarded; Registrar directed

Laxmikant Vishnudasji Karwa versus State Bank of India — Banking and Recovery | DRT (2023)

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IN THE DEBTS RECOVERY TRIBUNAL, AURANGABAD

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(BEFORE HON’BLE PRESIDING OFFICER, DRT AT AURANGABAD)

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ORDER SHEET

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	18.10. Sr. No	2023 .51 SA No. 234/2022
Classifi cation	No. of Exh.
		SECURITIZATION APPLICATION NO. 234/2022
		Laxmikant Vishnudasji Karwa ..Applicant Versus State Bank of India ..Respondent Mr. P. T. Dhage - Advocate for the applicant. Mr. P.S. Agrawal – Advocate for the respondent-bank The matter is taken through VC. 1. The learned counsel appearing for the applicant submits that the matter has been settled between the parties and the entire amount has been received by the bank and the account is closed. He requests for disposal of the matter. 2. In view of the above statement made by the counsel for the applicant, I pass the following order through video conferencing. ORDER A. As the account is closed and nothing remains to be paid the Securitisation Application No.234/2022 stands disposed off. B. Consign the file to the Record Room.
		(Vimal Gupta) Presiding Officer Debts Recovery Tribunal, Aurangabad

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[SBJ] (SA No.234/2022) Page 1 of 1

Laxmikant Vishnudasji Karwa v. State Bank of India

Case brief

What is this about?

What did the court decide?

Laxmikant Vishnudasji Karwa v. State Bank of India

Case brief

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What did the court decide?

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